LFG Stock Recent News

BP on Wednesday launched its first plant processing renewable gas from landfill since its $4 billion acquisition of the largest U.S. biogas producer Archaea Energy last December.

Archaea Energy Inc. (LFG) delivered earnings and revenue surprises of -212.50% and 1.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

HOUSTON--(BUSINESS WIRE)--Archaea Energy Inc. (“Archaea”) (NYSE: LFG) announced today that it plans to issue its earnings release with respect to third quarter 2022 financial results on Thursday, November 10, 2022 after the market closes.

Is it time for old energy to buy new energy? According to analysts at Canaccord, yes.

An oil and gas titan wants to buy the renewable energy provider for $4.1 billion.

British oil giant BP PLC ( BP , Financial)( LSE:BP. , Financial) is in the process of implementing a bold strategy to transition itself into a renewable energy company.

Archaea Energy (NYSE: LFG ) stock is rocketing higher on Monday thanks to news that BP (NYSE: BP ) is acquiring the company. According to a press release from BP, the gas and oil giant will spend $3.3 billion in cash to bring Archaea Energy under its control.

Archaea Energy Inc (NYSE: LFG) opened more than 50% up on Monday after BP plc (LON: BP) said it will buy the renewable natural gas producer for about $4.1 billion. Archaea shareholders to get a massive premium The all-cash agreement translates to $26 a share and is expected to close by the end of 2022.

Archaea Energy Inc. (NYSE: LFG) announced that it has agreed to be acquired by bp (NYSE: BP) for approximately $26 per Archaea Class A and Class B share in cash, or a total enterprise value of approximately $4.1 billion. These are the details.

Archaea Energy is an innovative energy business that is tackling a very niche market. Archaea is difficult to value today, but it's growing rapidly and its long-term outlook appears promising.